According to Recode, Tesla posted a loss of $ 619 million for the third quarter ended Sept. 30. Its share price fell $ 2.92, lower than its profit forecast, above Wall Street's previously forecast $ 2.3. In addition, Slash third-quarter sales of 2.98 billion US dollars, slightly higher than the estimated 2.94 billion US dollars.
Tesla said it expects to produce 5,000 units of the Volkswagen Model Model weekly by the first quarter of 2018. Tesla plans to produce 1,500 Model 3 units in the third quarter of 2017, but actually produces only 260 units. In order to increase Model 3 production Tesla next may also reduce Model S and Model X production.
Model 3, priced at $ 35,000, is Tesla's electric vehicle for general consumers and is a key step toward Tesla's occupation of the civilian market, but now the Model 3 is yielding like a mountain, with Tesla having to Find a way to turn over.
According to Recode, Tesla posted a loss of $ 619 million for the third quarter ended Sept. 30. Its share price fell $ 2.92, lower than its profit forecast, above Wall Street's previously forecast $ 2.3. In addition, Slash third-quarter sales of 2.98 billion US dollars, slightly higher than the estimated 2.94 billion US dollars.
Tesla said it expects to produce 5,000 units of the Volkswagen Model Model weekly by the first quarter of 2018. Tesla plans to produce 1,500 Model 3 units in the third quarter of 2017, but actually produces only 260 units. In order to increase Model 3 production Tesla next may also reduce Model S and Model X production.
Model 3, priced at $ 35,000, is Tesla's electric vehicle for general consumers and is a key step toward Tesla's occupation of the civilian market, but Model 3 production now looks like a mountain, with Tesla having to Find a way to turn over.